Core Viewpoint - B2Gold Corp. is set to release its fourth quarter and full year 2025 financial results along with 2026 guidance on February 18, 2026, after North American markets close [1] Group 1: Financial Results and Conference Call - The financial results will be discussed in a conference call scheduled for February 19, 2026, at 8:00 am PT / 11:00 am ET [1] - Participants can register for the conference call to receive dial-in details and a unique PIN, allowing them to bypass the operator queue [2] Group 2: Company Overview - B2Gold is an international senior gold producer based in Vancouver, Canada, founded in 2007 [3] - The company operates gold mines in Canada, Mali, Namibia, and the Philippines, and has various development and exploration projects globally [3]

Group 1 - The author of Novo Capital has five years of experience providing strategic insights and analysis for clients in the private banking sector of a leading Central Asian bank [1] - The methodology developed by the author focuses on corporate valuation, due diligence for investment opportunities, and creating accurate forecasts to guide long-term investment strategies [1] - Novo Capital was established to facilitate discussions on investment ideas and to provide out-of-consensus information that can lead to alpha generation [1]

Group 1: Core Insights - B2Gold Corp. shares are experiencing significant momentum, with the stock's ranking on Benzinga Edge rising to the 91st percentile this week [1][2] - The momentum score increased from 89.23 to 91.37, indicating strong participation in the "leveraged upside" seen in the precious metals sector [2] - Mining stocks are viewed as a compelling alternative to physical commodities, providing leveraged exposure to rising gold and silver demand along with cash flow benefits [3] Group 2: Fundamental and Value Analysis - B2Gold's value ranking stands at 82.13, suggesting it is cheaper than 82% of the market despite recent gains [4] - Mining index revenues are projected to grow by 30% in fiscal 2025, with earnings potentially doubling, while the group trades at approximately 14.3x forward earnings compared to the S&P 500's 19.5x [5] Group 3: Technical Trends and Market Outlook - B2Gold's technical profile shows positive trends across short, medium, and long-term timeframes, indicating a favorable outlook [6] - The broader mining index is in a "steep rising channel," with many stocks showing overbought conditions, suggesting a tactical approach may be necessary [6] - Investors are advised to view pullbacks as entry opportunities rather than chasing the peak of the rally [7] Group 4: Stock Performance - B2Gold shares have increased by 2.89% in 2026, 34.20% over the last six months, and 94.54% over the past year [8]

Company Performance - B2Gold (BTG) closed at $4.68, reflecting a +2.41% increase from the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the past month, B2Gold shares have decreased by 0.65%, underperforming the Basic Materials sector's gain of 7.63% and the S&P 500's gain of 1.89% [1] Earnings Projections - The upcoming EPS for B2Gold is projected at $0.22, indicating a significant increase of 2,100.00% compared to the same quarter of the previous year [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $0.54 per share and revenue of $3.12 billion, reflecting changes of +237.5% and 0%, respectively, compared to the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for B2Gold are crucial as they reflect the changing dynamics of short-term business patterns, with upward revisions indicating analysts' positive outlook on the company's profitability [3] Valuation Metrics - B2Gold is currently trading with a Forward P/E ratio of 6.57, which is lower than the industry average Forward P/E of 12.57, suggesting that B2Gold is trading at a discount [6] - The Mining - Gold industry, which includes B2Gold, ranks in the top 34% of all industries, with a current Zacks Industry Rank of 81 [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] - B2Gold currently holds a Zacks Rank of 4 (Sell), with a recent 2.52% decline in the Zacks Consensus EPS estimate [5]

Core Viewpoint - B2Gold is experiencing significant stock performance fluctuations, with upcoming earnings expected to show a substantial increase in earnings per share (EPS) compared to the previous year [2][5]. Group 1: Stock Performance - In the latest trading session, B2Gold's stock rose by 1.11% to $4.55, outperforming the S&P 500's daily gain of 0.64% [1] - Prior to this session, B2Gold shares had decreased by 1.32%, lagging behind the Basic Materials sector's gain of 5.72% and the S&P 500's gain of 0.55% [1] Group 2: Earnings Projections - Analysts project B2Gold's EPS to be $0.22, indicating a remarkable 2100% increase from the same quarter last year [2] - For the entire fiscal year, earnings are estimated at $0.56 per share, with revenue projected at $3.12 billion, reflecting changes of +250% and 0% respectively from the prior year [2] Group 3: Analyst Estimates and Confidence - Changes in analyst estimates for B2Gold are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] - Positive revisions in estimates are indicative of analysts' optimism regarding B2Gold's profit potential [3] Group 4: Valuation Metrics - B2Gold's current Forward P/E ratio stands at 6.3, which is a discount compared to the industry average Forward P/E of 11.89 [6] - The Mining - Gold industry, to which B2Gold belongs, is currently ranked 72 in the Zacks Industry Rank, placing it in the top 30% of over 250 industries [6] Group 5: Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a proven track record of outperforming, with 1 rated stocks yielding an average annual return of +25% since 1988 [5] - B2Gold currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5]

Market Overview - The bull market on Wall Street continued into 2025, with the Dow Jones Industrial Average rising 14%, the S&P 500 increasing by 17%, and the Nasdaq Composite gaining 21% [1] - Despite potential market shifts, there are still opportunities for significant stock gains [2] Stock Recommendations 1. The Trade Desk - The Trade Desk experienced a challenging 2025 due to increased competition and tariff impacts, leading to a 68% decline in stock price [5][8] - Anticipated improvements in 2026 include the fading of tariff shocks and the adoption of its Unified ID 2.0 technology, which could enhance ad performance [6][7] - The current forward P/E ratio of 18 presents a value opportunity for investors [8] 2. Webull - Webull's stock fell from a peak of nearly $80 to under $8, despite a 17% increase in registered users and an 84% rise in customer assets [10][11] - The company is expanding globally, which may enhance its growth prospects compared to competitors like Robinhood [12] - Webull's shift to profitability and strong user engagement metrics suggest potential for significant stock appreciation [13] 3. Sezzle - Sezzle's stock has seen a 64% decline from its all-time high, but key performance indicators show a 59% increase in gross merchandise volume and a 67% rise in net sales [15][16] - An increase in consumer purchase frequency indicates growing user engagement, which could drive future growth [17] - The company's low forward P/E of 15, combined with its growth rate, positions it well for potential gains [18] 4. Fiverr International - Fiverr's shares dropped 38% in 2025, influenced by concerns over AI's impact on the freelance market [21] - The company benefits from a remote work trend and has a superior marketplace take rate of 27.6% [22][23] - Its low valuation, trading at less than 7 times adjusted EPS, presents an attractive investment opportunity [24] 5. B2Gold - B2Gold achieved an 86% gain in 2025, but faced a production forecast reduction at its Goose Mine [27] - Expected improvements in production capacity and ore grades in 2026 could lead to significant growth [28] - The macroeconomic outlook for gold remains positive, with potential for high prices benefiting B2Gold's stock [29][30] 6. Talkspace - Talkspace's shares have fallen 61% since going public, but the company is profitable and growing sales by over 20% annually [33][34] - The focus on partnerships with payers and employers is driving sustainable revenue growth [35] - A debt-free balance sheet and ongoing share buybacks enhance its financial position [36] 7. Zeta Global - Zeta Global's stock has kept pace with the S&P 500, but faces concerns about economic health and potential AI market volatility [39] - The company's AI marketing platform has shown consistent sales growth of at least 20% for five years [41] - Zeta's attractive valuation, with a forward P/E of 21 and a $200 million share-repurchase program, supports its investment appeal [42]

Core Viewpoint - B2Gold (BTG) shares have increased by 46.34% on a total return basis, outperforming the S&P 500, which rose by 18.41%, indicating a compelling investment opportunity in the mining sector [1]. Operational Execution - The investment outlook for B2Gold appears more favorable now compared to previous assessments, suggesting strong operational execution and potential for further growth in the mining industry [1].

Core Insights - The price of gold increased by 23.7% since the last fundamental valuation of B2Gold, while the share price of B2Gold rose by only 3.5% [1] Group 1: Company Analysis - B2Gold (BTG) is currently experiencing a disparity between the rise in gold prices and its share price performance [1] Group 2: Investment Strategy - The analysis aims to identify profitable and undervalued investment opportunities primarily in the U.S. market, focusing on building a high-yield, balanced portfolio [1]

Core Viewpoint - Ocado's share price has experienced significant difficulties this year, with a notable decline in its business performance [1] Company Performance - The share price of Ocado (OCDO) was trading at 240p on Tuesday, reflecting a decrease of 20% from the beginning of the year [1]

Core Viewpoint - B2Gold Corp. (NYSEAMERICAN:BTG) is recognized as one of the best gold mining companies to invest in, with recent positive outlooks from RBC Capital and Bank of America Securities regarding its potential in a rising gold price environment [1][2]. Group 1: Analyst Ratings and Price Targets - RBC Capital raised its price target for B2Gold from $5 to $6 while maintaining a Hold rating, reflecting an updated outlook on gold mining companies [1]. - Bank of America Securities expressed a positive view on B2Gold, forecasting that gold prices could reach $5,000 per ounce by 2026, with potential upside to $7,000 per ounce if the market mirrors the 2000s bull cycle [2][3]. Group 2: Company Leverage and Market Position - B2Gold is identified as having strong leverage to higher gold prices based on its net asset value, making it a favorable candidate among North American gold mining companies [3]. - The company operates gold mines in Canada, Mali, Namibia, and the Philippines, positioning it as a significant player in the gold production sector [4]. Group 3: Comparison with Other Investment Opportunities - While B2Gold shows potential as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk, indicating a competitive investment landscape [5].